Wall Street Is Pivoting From Solar To Solar Plus Storage

Comments

• evenglow@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

  Corporate buyers are increasingly demanding renewable projects paired with battery storage

  Funny because if I remember correctly China just removed that law. They had that requirement for years.

  Nice to see other areas are getting started on curtailment problems from lack of planning.

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  • Eyekaytee@aussie.zone ⁨3⁩ ⁨weeks⁩ ago

    why would they remove the law ? here in australia we’ve been slowly moving towards more and more negative pricing as coal gets pushed out and has to bid negative to ensure power is still taken by the market

    https://sw.ikt.id.au/

    this has made straight solar largely uneconomical so the majority of new projects are solar/battery hybrids

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    • evenglow@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

      To install solar quicker and free up battery production for EVs. When you have enough EVs plugged in the EVs become the battery storage.

      China scraps energy storage mandate for renewable energy plants
      ess-news.com/…/china-scraps-energy-storage-mandat…

      These requirements have helped mitigate renewables curtailment in China. However, they have also increased operational costs for renewable energy projects, and many project owners have reported low utilization rates of their storage systems.

      Since introduced in 2022, policy mandates requiring solar and wind energy projects to include energy storage systems have been crucial in the acceleration of storage deployment in China.

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• melsaskca@lemmy.ca ⁨3⁩ ⁨weeks⁩ ago

  Fuck wall street and the broken stock markets. Nowadays they are nothing more than toys for the idle rich.

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  • Beacon@fedia.io ⁨3⁩ ⁨weeks⁩ ago

    What does your comment have to do with the article?

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    • melsaskca@lemmy.ca ⁨3⁩ ⁨weeks⁩ ago

      I’m guessing “Wall Street” in the title? Who has time to read the articles now that the media is billionaire-owned? Nothing more than an old man crackpot rant. You should just ignore shit like this, not academically dissect it.

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  • evenglow@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

    It always has been. Now it’s just more well known.

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  • justaman123@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

    Same as it ever was

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